Abramovich's frozen Chelsea sale cash earns £175m
- Source
- The GuardianTier 1
- By
- Rob Davies
- Published
Key points
- Sale proceeds held in UK account since May 2022 have grown from £2.3bn to nearly £2.5bn
- Dispute with UK government over Ukraine donation remains unresolved; Abramovich missed March 2026 deadline
- Uncertainty over whether £1.4bn in loans will be deducted from amount available for charitable giving
AI summary
The money from Roman Abramovich's 2022 Chelsea sale continues to accumulate interest while locked in a Barclays account, with the frozen funds earning £114m in 2024 alone. A legal standoff persists between the sanctioned oligarch and the British government, which wants the proceeds directed to Ukraine relief efforts. Abramovich has pledged to donate the money but has not yet released it, and complications include a separate criminal investigation by Jersey authorities and uncertainty over whether offshore loans tied to the sale will reduce the final donation amount.
Original headline
‘World’s most profitable football business’: Abramovich’s frozen Chelsea cash earns £175m
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